Leggett & Platt, Inc.

Leggett & Platt, Inc.

Leggett & Platt, Inc.

Overview
Date Founded

1901

Headquarters

No. 1 Leggett Road,Carthage, MO 64836

Type of Company

Public

Employees (Worldwide)

22K

Industries

Furniture
Industrial Machinery & Manufacturing
Other Business & Consulting Services
Textiles
Other Consumer Durables
Building Products & Construction Materials
Metal Manufacturing & Products

Company Description

Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components; and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring & Textile, and Specialized Products. The Bedding Products segment supplies of products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless steel tubing for the aerospace industry, and serve the construction market with hydraulic cylinders group. The company was founded J. P. Productsand C. B. Platt in 1883 and is headquartered in Carthage, MO.

Contact Data
Trying to get in touch with decision makers at Leggett & Platt, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman of the Board & Chief Executive Officer

Chairman, President & Chief Executive Officer

President, Chief Operating Officer & Director

Executive Vice President & Chief Financial Officer

Senior Vice President, General Counsel & Secretary

Vice President-Deputy General Counsel

Vice President & Chief Information Officer

Senior Vice President & Chief Accounting Officer

Vice President-Chief Credit Officer

Director, Investor Relations

Board of Directors

Chairman of the Board & Chief Executive Officer at Leggett & Platt, Inc.

Group President at Masco Corporation

Former President & Chief Executive Officer at Flowserve Corp.

Principal at CompaniesWood

Managing General Partner at Balquita Partners Ltd.

Former Chairman at Gartner, Inc.

Former Vice President & General Manager, Shakeproof, Anchor, Medalist Divisions at Illinois Tool Works, Inc.

Former President, North America at Edgewell Personal Care Company

President, Chief Operating Officer & Director at Leggett & Platt, Inc.

Paths to Leggett & Platt, Inc.
Potential Connections via
Relationship Science
You
Leggett & Platt, Inc.
Owners & Shareholders
Details Hidden

CSIA's SIP Program offers clients a diversified portfolio composed of ETFs, as well as an FDIC-insured cash allocation that is based on the client's stated investment objectives and risk tolerance. The portfolio of ETFs includes up to 20 asset classes across stocks, fixed income, real estate, and commodities. The SIP Program is designed to monitor a client's portfolio daily and automatically rebalance as needed to keep a client's portfolio consistent with their selected risk profile unless such rebalancing may not be in the best interest of the client. The SIP Program is sponsored by CSIA's affiliate, Schwab Wealth Investment Advisory, Inc., which sets investment policy and parameters and provides administrative and related services for the SIP Program. The SIP Program is also used to provide discretionary portfolio management in the Schwab Intelligent Advisory Program (SIA) sponsored by Charles Schwab & Co., Inc. The SIA Program combines the SIP Program with additional financial planning services provided through Schwab.

Details Hidden

PSA provides investment advisory services to ETFs, shares of which are traded in the secondary market. The firm primarily uses mathematical models to simulate the performance of specified indexes, multiples of such indexes, or the inverse thereof. They manage leveraged and inverse ETFs that provide exposure to US and foreign equities, fixed-income, commodity, currency and volatility benchmarks. The funds managed by PSA seek returns that match, are multiples of or are inverse multiples (e.g., 2X, -2X) of the return of an index or other benchmark (target) for a single day. PSA may employ investment strategies that involve the risks associated with the use of derivatives (swap agreements, futures contracts, forwards and similar instruments). The firm primarily uses a passive or mathematical approach to determine the investments a security makes and techniques it employs.

Details Hidden

Old Republic International Corp. employs a conservative long-term investment approach. They focus on investing in a diversified portfolio of fixed income and equity securities. Approximately 80% of the firm's investment portfolio is allocated to fixed income securities, 9% to equity securities and 1% to cash equivalents and miscellaneous other investments.Old Republic invests primarily in marketable, non-callable corporate securities of various investment grade issuers, with maturities of 1 to 10 years. Their consolidated fixed income portfolio was well diversified, with over 750 different issuers of corporate, municipal, agency-related, and U.S. and Canadian government securities. Investment grade issues represented approximately 99% of the portfolio. Old Republic's fixed income portfolio is protected to a significant degree from interest rate volatility. They avoid investment structures and products that are inherently risky such as CDOs, MBS, ABS, guaranteed investment contracts, structured investment vehicles, auction rate variable short-term securities, hybrid securities and credit default and interest rate swaps.Old Republic's actively managed equity portfolio focuses on buying higher yielding blue chip and utility common stocks,

Recent Transactions
Details Hidden

Leggett & Platt, Inc. purchases Elite Comfort Solutions LLC from Greyrock Capital Group LLC, Arsenal Capital Management LP, Kayne Anderson Capital Advisors LP (Credit Investments)

Details Hidden

Leggett & Platt, Inc. purchases Precision Hydraulic Cylinders, Inc. from Owner Resource Group LLC

Details Hidden

Troax Group AB, Troax, Inc. purchase Folding Guard LLC from Leggett & Platt, Inc.

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onBrink Forest Products Ltd. purchases Pleasant Valley Manufacturing Ltd. from Leggett & Platt, Inc.

Accountant

Advised onLeggett & Platt, Inc. purchases RHC Spacemaster Corp

Legal Advisor

Advised onLeggett & Platt, Inc. purchases Elite Comfort Solutions LLC from Greyrock Capital Group LLC, Arsenal Capital Management LP, Kayne Anderson Capital Advisors LP (Credit Investments)

Legal Advisor

Advised onLeggett & Platt, Inc. purchases Elite Comfort Solutions LLC from Greyrock Capital Group LLC, Arsenal Capital Management LP, Kayne Anderson Capital Advisors LP (Credit Investments)

Escrow Agent

Advised onLeggett & Platt, Inc. purchases Elite Comfort Solutions LLC from Greyrock Capital Group LLC, Arsenal Capital Management LP, Kayne Anderson Capital Advisors LP (Credit Investments)

Investment Advisor

Advised onCrowne Group LLC purchases Parthenon Metal Works, Inc. from Leggett & Platt, Inc.

Advisors & Consultants
Advisor

Former Chief Financial Officer & Executive Vice President at Leggett & Platt, Inc.

Advisor

Managing Member at Sterling Steel Co. LLC

Clients

Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. It also provides vehicle service centers, supercharger station, and self-driving capability. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture and sale of electric vehicles. The Energy Generation and Storage segment includes the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of electricity generated by its solar energy systems to customers. It develops energy storage products for use in homes, commercial facilities and utility sites. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.

Home Depot, Inc. is a home improvement retailer, which engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories. It is also involved in the development of intelligent transport systems. The Financial Services segment offers purchase or lease financing to Toyota vehicle dealers and customers. It also provides retail leasing through lease contracts purchase by dealers. The All Others segment deals with the design and manufacture and sale of housing, telecommunications and other businesses. The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan.

Key Stats and Financials As of 2019
Market Capitalization
$4.83B
Total Enterprise Value
$8.91B
Earnings Per Share
$2.47
Revenue
$4.76B
Debt TEV
0.26x
Net Profit
$334M
Total Equity
$1.31B
Total Debt
$2.28B
EBITDAMargin
14.7%
Enterprise Value EBITDAOperating
12.52x
TEVNet Income
26.7x
Enterprise Value Sales
1.87x
EBITDA
$699M
Three Year Compounded Annual Growth Rate Of Revenue
8.14%
Five Year Compounded Annual Growth Rate Of Revenue
4.67%
Political Donations
$500
2013
$8,000
2013
$5,000
2012
Suppliers
Amber Road, Inc. IT Consulting & Services | East Rutherford, NJ

Amber Road, Inc. provides cloud-based global trade management solutions. Its software plans, optimizes, and executes all aspects of global trade. Its solutions include global sourcing, risk and quality management, production management, transportation management, supply chain visibility, export and import management, duty management, global trade content database, trade advisory practice, and training. The company was founded in by James W. Preuninger and John W. Preuninger in 1990 and is headquartered in East Rutherford, NJ.

Enel X North America, Inc. Power & Utilities | Boston, MA

EnerNOC (NASDAQ: ENOC) is changing the way the world uses energy. Our goal is to make energy management as integral as accounting to the operation of every organization. We help commercial, institutional, and industrial organizations use energy more intelligently, pay less for it, and generate cash flow that benefits the bottom line through our complete suite of technology-enabled energy management solutions including: DemandSMART: Our comprehensive demand response application enables commercial, institutional, and industrial organizations to maximize new sources of revenue and stabilize the electric grid by participating in demand response programs globally. DemandSMART also gives users the ability to identify energy savings opportunities through on-demand access to basic energy data. Thousands of facilities in our DemandSMART network get paid for reducing their energy usage during periods of peak demand, while our utility customers get access to clean, reliable capacity where and when it is needed most. EnerNOC’s DemandSMART is a win-win. EfficiencySMART: Delivering continuous energy savings, our EfficiencySMART suite leverages the powerful combination of our energy management expertise, energy market knowledge, and advanced technology platform. We enable our customers to identify and prioritize the highest impact energy efficiency measures, focusing first on low or no cost opportunities to deliver tangible results quickly. In many cases, we can help our customers fund their EE programs with utility incentives. With expertise in both commercial and industrial environments, EnerNOC helps cut energy costs while maintaining or improving productivity. SupplySMART: Our energy price and risk management application and service assesses a customer’s energy purchasing options and associated risks. Using a competitive bid process, EnerNOC’s SupplySMART delivers recommendations on energy prices, terms, and conditions that deliver the best value to the customer. SupplySMART includes a rich set of on-demand features that enable users to centralize and track utility bill and enterprise-wide utility financial information (e.g. budgets, forecasts), and assess bill accuracy and savings opportunities. EnerNOC's Utility Solutions team has partnered with hundreds of utilities and grid operators worldwide to meet their demand-side management objectives. Our Program Implementation group partners with leading utilities to deliver custom-tailored demand response and energy efficiency programs designed to maximize both cost-effectiveness and customer satisfaction within the commercial, industrial, and agricultural market segments. Our Consulting Group supports a broad range of utility demand-side management activities, including potential assessments, program design and administration, load research, technology demonstrations, measurement and evaluation, and regulatory support. EnerNOC, which stands for Energy Network Operations Center, has won numerous awards for its technology, customer service, and industry leadership. We serve customers worldwide and are continuing to grow and expand. We attract bright, enthusiastic people who are dedicated to helping achieve a cleaner, safer, and more cost-effective energy future.

Culp, Inc. Wholesale: Consumer Non-Durables/Sundries | High Point, North Carolina

With four decades of innovation and quality, Culp (NYSE: CFI) supplies a wide range of mattress and upholstery fabrics across the globe. From our headquarters in High Point, NC, we carefully manage a fully integrated platform of manufacturing and distribution facilities strategically located in the U.S., China, Canada and Poland. Our robust supply chain allows us to quickly respond to the needs of our customers. We deliver fashion-forward, stylish fabrics with broad appeal to the largest home furnishing retailers and manufacturers. Culp has evolved from a regional supplier to a global partner for a wide range of customers. Founded by Robert G. Culp, Jr. in 1972, Culp’s focus on continuous improvement in its manufacturing operations and a trend-savvy design team helps customers drive sales and grow market share on a global basis. At Culp, everything we do, from logistics to quality control, reflects a clear understanding of our customer’s business objectives

Competitors
Mohawk Industries, Inc. Textiles - Calhoun, GA

Mohawk Industries, Inc. engages in the manufacture, design, and distribution of residential and commercial flooring products. It operates through the following segments: Global Ceramic, Flooring North America (NA), and Flooring Rest of the World (ROW). The Global Ceramic segment comprises ceramic, porcelain, and natural stone tile products used for wall and floor applications. The Flooring NA segment includes floor covering product lines, in a broad range of colors, textures, and patterns. The Flooring ROW segment consists of laminate, hardwood flooring, and vinyl flooring products, roofing elements, insulation boards, medium-density fiberboard, and chipboards. The company was founded on December 22, 1988 and is headquartered in Calhoun, GA.

Brose Fahrzeugteile GmbH & Co. KG Auto Parts & Tires - Coburg, Germany

Brose Fahrzeugteile GmbH & Co. manufactures automobile doors and seats. The company is an international automotive industry supplying products for more than 40 vehicle brands and seat producers. It develops and produces mechatronic components and systems for automobile doors and seats. The company was founded by Max Brose and Ernst Jühling in 1919 and is headquartered in Coburg, Germany.

The Heico Cos. LLC Other Manufacturing - Chicago, IL

The Heico Cos. LLC operates as a holding company with interest in providing manufacturing, construction and industrial services. Its operations are organized into four platforms: Ancra Group, Heico Metal Processing Group, Heico Construction Group and Pettibone LLC. The company was founded by Michael E. Heisley, Sr. in 1979 and is headquartered in Chicago, IL.

Awards & Honors
Rank #601
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Leggett & Platt, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Leggett & Platt, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Leggett & Platt, Inc..